AMD Wins Meta, Microsoft as Clients, Targets Nvidia With Processors

By Benzinga
November 9, 2021 Updated: November 9, 2021

Meta Platforms Inc. (FB), or former Facebook, has chosen Advanced Micro Devices Inc.’s (AMD) EPYC chips, the chipmaker declared during its Accelerated Data Center Premiere event.

The companies collaborated to develop a high-performance, power-efficient processor based on the company’s 3rd Generation EPYC processor.

AMD also announced upcoming EPYC processors codenamed “Genoa” and “Bergamo,” taking at rival NVIDIA Corp. (NVDA).

AMD dubbed the Genoa processor as the “world’s highest performance processor for general-purpose computing.”

AMD’s Q3 FY21 sales rose 54 percent year-on-year to $4.3 billion. The EPS surged 134 percent Y/Y.

“We believe AMD will continue to gain material server/PC share in 2021/2022driven by performance leadership, while Intel continues to struggle on10/7nm,” Barclays analyst Blayne Curtis said.

Microsoft Corp. (MSFT) will also use the new AMD Milan X Chips in Azure, Street Insider reports.

By Anusuya Lahiri

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